Common use of Disposition Fee Clause in Contracts

Disposition Fee. For substantial assistance in connection with the sale of any Property, the Company shall pay to its Advisor or one of its Affiliates 3.0% of the Contract Sales Price of each Property; provided, however, that if, in connection with such disposition, commissions are paid to third parties unaffiliated with the Advisor or any of its Affiliates, the disposition fees paid to the Advisor, the Sponsor, their Affiliates and unaffiliated third parties may not in the aggregate exceed the lesser of the Competitive Real Estate Commission or 6% of the Contract Sales Price.

Appears in 4 contracts

Samples: Advisory Agreement (Rw Holdings NNN Reit, Inc.), Advisory Agreement (Rw Holdings NNN Reit, Inc.), Advisory Agreement (Rw Holdings Student Housing Reit, Inc.)

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Disposition Fee. For substantial assistance in connection with the sale of any PropertyProperties, the Company shall pay to its Advisor or one of its Affiliates 3.0% of the Contract Sales Price of each PropertyProperty sold; provided, however, that if, in connection with such disposition, commissions are paid to third parties unaffiliated with the Advisor our advisor or any of its Affiliatesaffiliates, the disposition fees paid to the Advisorour advisor, the Sponsorour sponsors, their Affiliates affiliates and unaffiliated third parties may not in the aggregate exceed the lesser of the Competitive Real Estate Commission or 6% of the Contract Sales Price.

Appears in 4 contracts

Samples: Advisory Agreement (Rich Uncles NNN REIT, Inc.), Advisory Agreement (Rich Uncles NNN REIT, Inc.), Advisory Agreement (Rich Uncles NNN REIT, Inc.)

Disposition Fee. For substantial assistance in connection with the sale of any PropertyProperties, the Company shall we will pay to its Advisor our advisor or one of its Affiliates affiliates 3.0% of the Contract Sales Price contract sales price of each PropertyProperty sold; provided, however, that if, in connection with such disposition, commissions are paid to third parties unaffiliated with the Advisor our advisor or any of its Affiliatesaffiliates, the disposition fees paid to the Advisorour advisor, the Sponsorour sponsors, their Affiliates affiliates and unaffiliated third parties may not in the aggregate exceed the lesser of the Competitive Real Estate Commission or 6% of the Contract Sales Pricecontract sales price.

Appears in 2 contracts

Samples: Advisory Agreement (Rich Uncles NNN REIT, Inc.), Advisory Agreement (Rich Uncles REIT, Inc.)

Disposition Fee. For substantial assistance in connection with the sale of any Property, the Company shall pay to its Advisor the Services Provider or one of its Affiliates 3.0% of the Contract Sales Price of each Property; provided, however, that if, in connection with such disposition, commissions are paid to third parties unaffiliated with the Advisor Services Provider or any of its Affiliates, the disposition fees paid to the AdvisorServices Provider, the Sponsor, their its Affiliates and unaffiliated third parties may not in the aggregate exceed the lesser of the Competitive Real Estate Commission or 6% of the Contract Sales Price.

Appears in 2 contracts

Samples: Real Estate Services Agreement (Escalate Wealth REIT I), Real Estate Services Agreement (Escalate Wealth REIT I)

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Disposition Fee. For substantial assistance in connection with the sale of any Property, the Company shall pay to its Advisor or one of its Affiliates 3.0% of the Contract Sales Price of each Property; provided, however, that if, in connection with such disposition, commissions are paid to third parties unaffiliated with the Advisor or any of its Affiliates, the disposition fees paid to the Advisor, the Sponsor, their Advisor or its Affiliates and unaffiliated third parties may not in the aggregate exceed the lesser of the Competitive Real Estate Commission or 6% of the Contract Sales Price.

Appears in 1 contract

Samples: Advisory Agreement (BRIX REIT, Inc.)

Disposition Fee. For substantial assistance in connection with the sale of any Propertyproperties or other investments, the Company shall we will pay to its Advisor our advisor or one of its Affiliates affiliates 3.0% of the Contract Sales Price contract sales price of each Propertyproperty or other investment sold; provided, however, that if, in connection with such disposition, commissions are paid to third parties unaffiliated with the Advisor our advisor or any of its Affiliatesaffiliates, the disposition fees paid to the Advisorour advisor, the Sponsorour sponsors, their Affiliates affiliates and unaffiliated third parties may not in the aggregate exceed the lesser of the Competitive Real Estate Commission or 6% of the Contract Sales Pricecontract sales price.

Appears in 1 contract

Samples: Advisory Agreement (Rich Uncles REIT, Inc.)

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